Arizona License LawIntermediateArizona Exam
In Arizona, a licensee found guilty of 'misrepresentation' is subject to which of the following?
AOnly a verbal or written reprimand from ADRE's enforcement division, since Arizona law reserves license suspension and revocation for repeated or pattern violations
BLicense discipline including suspension or revocation, civil liability to harmed parties, and possible criminal fraud chargesCorrect
COnly civil liability to harmed parties; ADRE does not impose license discipline for a single misrepresentation that does not result in a completed transaction
DOnly an ethics violation processed by the REALTOR® association, since ADRE defers all misrepresentation complaints to the applicable NAR professional standards panel
Why License discipline including suspension or revocation, civil liability to harmed parties, and possible criminal fraud charges Is Correct
Answer B: License discipline including suspension or revocation, civil liability to harmed parties, and possible criminal fraud charges
Misrepresentation in a real estate transaction can result in ADRE disciplinary action (suspension/revocation), civil liability for damages to harmed parties, and potentially criminal fraud prosecution if intentional.
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